Today were about Â£13k and yesterday about Â£8k. I.e. Virtually nothing as is the case many if not most days. Nothing is happening or has happened to the SP since the placing. It's stuck at .07 and needs big news one way or the other to move.
Whenever this fluctuates we get one if two reactions. When it's upwards the board erupts with mm's know something. Going to let the breaks off any time now. And what's the l2.
When it fluctuates down its like its the end of the world with calls of manipulation and the share being played with by the company bod and the mms.
Can we please just take a step back and realise it is nothing but a fluctuation. We will hold at these levels until we progress and we will progress just sit tight and try not to over react. It gets old.
This is being played in away. Could be another cash call coming, looked at zincox resources they had 3 in about a month. That was a good share being played around with. But aim shares need dilution to survive. It's a horrible thing that's happing right now. But this is fact. Aim is proberbly going to collapse one day. These companies on aim have been penny shares. Now they are not even what you would call penny shares they are destroyed, by big idears but now money.
The only people manipulating this share are the BOD. They new with the last placing that this would happen to the share price so it's no one else's fault but theirs. The placing instead of using the loan facility is also something I am beginning to think is highly suspicious. It would seem that the money is just to pay the wages rather than use on investments. There is probably a stipulation in the loan agreement that the bod can't draw money from it just to line their own pockets. Hence the placing which has no such stipulation and leaves them free to line their pockets.
Haven't got time to read back just now, but wasn't something due to start happening in June 2014 (the dry season)!??
I am sure (no I'm not) that once something is due to start/commence/happen there will be a RNS as I'm pretty sure (I think) that the EDL bod would like to see the share price rise if only to get the share holders offf their back!! And to earn some money!!
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.